Xtra Chef

NOVEMBER 11, 2020

In this three-step planning guide, we’ll explore the considerations for restaurant owners, managers, and operators who want to survive the holidays and bring joy to customers—and business balance sheets! The holiday season is usually full of family, friends, and fun—and a lot of profitability for the restaurant industry. restaurant industry.

Hospitality 155

Hospitality Seasonal Menu Front of House Social Media 155

SpotOn

MAY 28, 2024

  Tech for the Ages As for how Americans tip, all industry workers agree that cash is best, with 95% of those 65+ ranking cash as their top preference over credit card tips and digital apps like Venmo. 86% of 18-24-year-olds also ranked cash as their preferred method, with all other age groups falling between the two.

Cash Management 64

Cash Management Point of Sale Customer Service Technology 64

Modern Restaurant Management

AUGUST 16, 2023

Gone are the days of cash-only transactions. With integrated point-of-sale (POS) systems, the entire dining process is streamlined, from when customers order to when they pay for their meals. Data-driven insights via detailed reports and analytics for better insight into sales trends, inventory levels and customer behavior.

Loyalty Program 164

Loyalty Program Mobile Ordering Dietary Restrictions Point of Sale 164

7 Shifts

JANUARY 26, 2021

From a projected record growth at the top of the year to a decline of nearly $240 billion in sales and 2.5 Embrace Digital Hospitality ?? Far-and-away the biggest change for the hospitality industry has been the widespread adoption of technology, which has gone from a luxury to a necessity for restaurants to operate.

2021 370

2021 Front of House Social Media Back of House 370

Modern Restaurant Management

AUGUST 19, 2020

For Rustic Table, a restaurant operating within the hospitality focused district of Times Square in New York City, the impact of Covid-19 seems insurmountable. It’s a delicate balance of cash flow and savings on overhead costs that has restaurant owners scrambling for solutions. The first important factor is margin.

Cash Management 227

Cash Management Point of Sale Consumer Goods Small Business 227

7 Shifts

SEPTEMBER 19, 2022

But we're at an inflection point in the restaurant industry. What about managers? Track and manage employee workload. High turnover has long been a core tenet of the hospitality industry. What about managers? Managers fared a bit better than hourly employees—with a turnover rate of 28%. Table of Contents.

Front of House 195

Front of House Back of House Cash Management Customer Experience 195

Xtra Chef

DECEMBER 30, 2020

It’s been especially difficult for the hospitality industry. Here are some of the actions, accomplishments and highlights of the past year… We introduced Recipe Management – a recipe for restaurant profitability. Check out the launch video below: We responded cash flow concerns as a result of COVID.

2020 151

2020 Cash Management Point of Sale 2021 151

SpotOn

MAY 14, 2024

Are you a restaurant owner looking to switch point-of-sale systems? Or are you just curiously searching for the best point-of-sale systems for that restaurant you always wanted to open? About SpotOn Restaurant POS SpotOn's point-of-sale offers plenty of payment options for various restaurant types.

POS 52

POS Point of Sale Customer Service 2024 52

Lavu

SEPTEMBER 28, 2022

Unlike a loan that charges interest, merchants agree to pay a portion of future sales in exchange for receiving fast and efficient funding, all for one low, flat capital fee based on the cash advance amount. This eliminates the application and credit check requirements that often preclude small businesses from receiving bank funding.

Cash Management 78

Cash Management Point of Sale Small Business Mobile Ordering 78

Modern Restaurant Management

MARCH 16, 2020

Due to the Covid-19 outbreak effect on the restaurant industry, Modern Restaurant Management (MRM) magazine is compiling a list of resources available for restaurant owners, operators and managers. To be added to this guide, reach out to Executive Editor Barbara Castiglia at bcastiglia@modernrestaurantmanagement.com.

Food Safety 233

Food Safety Kitchen Safety Small Business Employee Relations 233

Ken Burgin

FEBRUARY 5, 2020

With many cafes and restaurants reporting up to 80% of sales being made on card, the traditional informal cash transactions and ‘owner’s cash bonus’ have become much more difficult to manage. The electrician who always comes immediately because he’s paid cash. They’re going away – forever.

Cash Management 99

Cash Management Food Supply Point of Sale Online Ordering 99

Harbor Touch

APRIL 14, 2020

With a SaaS solution, this brings the overall cost to own a point of sale system down considerably, and can save you thousands over the lifespan of a traditional system. If you’re looking for a POS system for sale, there’s no better solution than Harbortouch. There is no upfront cost for the software or hardware.

POS 78

POS Cash Management Point of Sale Retail 78

Modern Restaurant Management

APRIL 11, 2022

percent increase in average US hourly wages in 2021, specifically noting a rapid rise in wages for leisure and hospitality workers. Facing multiple headwinds, restaurant owners and management must employ the most effective tool available: effective communication. Managers are already busy.

Healthcare 198

Healthcare Cash Management Social Media Communication 198

Modern Restaurant Management

SEPTEMBER 14, 2022

Competition : The pandemic significantly affected the restaurant and hospitality industries. You are sitting in your favorite restaurant and have placed an order on a tablet at your table. After a few seconds of placing the order, a notification appears on your messaging app. Dealing with AI can be understood through video games.

Front of House 187

Front of House Mobile Ordering Loyalty Program Back of House 187

Ken Burgin

AUGUST 6, 2022

Crisis and drama seem to be part of daily life in hospitality – something most of us learn to put up with and live through. Effective crisis planning and management is a must. Effective crisis planning and management is a must. Can we all be expert crisis managers or are some people better at it than others?

Kitchen Safety 88

Kitchen Safety Cash Management Equipment Front of House 88

Perfect Daily Grind

OCTOBER 1, 2022

Speakers will include Head of Beverages at Nestlé Professional, Patrick Stern, and Relationship Manager at Perfect Daily Grind, Nicholas Yamada. revenue growth in 2021, bolstered by rising Nespresso sales. Nestlé states Nespresso was a significant contributor to overall sales growth. Registration is now open. billion (US $2.86

2022 135

2022 2023 Point of Sale Webinar 135

Apicbase

AUGUST 25, 2023

Digitisation isn’t just a response to that shift; it’s the driving force behind it, making it the most transformative change in hospitality over the past century. Hospitality is expanding through technology. Historically, restaurant operators have (often) been resistant to change.

Cash Management 52

Cash Management Technology Front of House Allergens 52

Squirrel Systems

MAY 25, 2021

Restaurant POS Software Integrations The POS has been around for close to 150 years but looked and operated very differently back then to what we commonly see in restaurants, hospitality businesses, or retail spaces today. What is Point-of-sale software integration? How do POS software integrations help your business?

POS 52

POS Loyalty Program Cash Management Point of Sale 52

Mad Mobile

JUNE 7, 2024

Running a successful bar requires owners, managers, and employees to juggle multiple tasks at any given time. After all, these systems have come a long way from old-school cash registers. Here are a few points to consider. Fortunately, modern bar POS systems can help you make it all happen.

POS 40

POS Bar Loyalty Program Point of Sale 40

Lavu

NOVEMBER 11, 2019

Some restaurant chain owners see the transition as a step toward the future, largely because restaurant point-of-sale systems make it so easy. Not accepting cash eliminates the risk of thefts and reduces crime rates in general. After all, how could the oldest form of currency not be accepted as payment?

Cash Management 85

Cash Management Point of Sale Fast Casual Café 85

Modern Restaurant Management

MARCH 10, 2020

In response to Coronavirus concerns: Danny Meyer tweeted that The Modern would be closed for a day and every inch sanitized after a guest tested positive for COVID-19, despite being told by the NYS Health Commissioner says no risk of transmission; “Team & guests come first,” the hospitality leader concluded. Eat healthier.”

Kitchen Safety 180

Kitchen Safety Food Safety Cash Management Food Supply 180

Deliverect

MARCH 17, 2020

So how can the food industry try to keep its head above water during these difficult times, and how can consumers continue to support their local food and hospitality businesses? This solution pushes your delivery orders to your point-of-sale system, so you can easily manage your online sales channels.

Online Ordering 146

Online Ordering Merchandise Food Website Management 146

EATER

NOVEMBER 1, 2022

And while digital payment systems increase tipping rates , it can be impossible to know how much of your tip will make it into the server’s hands, unlike with old-fashioned cash. And when customers don’t tip, servers can end up paying out of pocket to pad a manager’s paychecks. But what does it mean for workers?

Mobile Ordering 125

Mobile Ordering Customer Service Food Order Online Ordering 125

Lavu

APRIL 8, 2020

Choosing a point of sale (POS) system is one of the most important business decisions to make. The right POS system provides a powerful platform to boost sales and streamline operations. You will see improvements for customers, front of the house, the kitchen, as well as management. Reservations & Table Management.

POS 78

POS Loyalty Program Mobile Ordering Point of Sale 78

Modern Restaurant Management

DECEMBER 16, 2021

Modern Restaurant Management (MRM) magazine asked restaurant industry insiders for their views on trends. With more options to work outside of the hospitality industry, operators must offer employees more scheduling flexibility, facilitate transparent communication between management and team members, and avoid overworking staff.

2022 170

2022 Food Supply Back of House Kitchen Safety 170

Modern Restaurant Management

JANUARY 12, 2022

71 percent rely on delivery for 11 percent or more of sales. 33 percent rely on delivery for more than 20 percent of sales. 65 percent rely on mobile ordering for 11 percent or more of sales. 25 percent rely on mobile ordering for more than 20 percent of sales. Investment in delivery and mobile ordering pays off.

2022 200

2022 Mobile Ordering Guest Recovery Point of Sale 200

Modern Restaurant Management

AUGUST 17, 2020

This edition of Modern Restaurant Management (MRM) magazine's Research Roundup features consumers' dining desires, the power of personalization and the untapped opportunity in localized marketing. COVID-19 Consumer Dining Trends. Diners are looking for reassurance on cleaning procedures and technology to reduce contact with servers.

2020 185

2020 Loyalty Program Mobile Ordering Fast Casual 185

Aaron Allen & Associates

NOVEMBER 2, 2023

Whether you are a lender, investor, operator, part of a management team, or in executive leadership, you can benefit from looking at debt through this lens. In such cases, management may remain in place or it may be needed that a third party takes over to stabilize the business, preserve the assets, and facilitate a path toward recovery.

Cash Management 59

Cash Management 2024 Point of Sale 2023 59

Restaurant365

SEPTEMBER 3, 2021

Restaurant owners, operators, and managers are constantly faced with decisions about accounting, operations, inventory, customer service, and staffing. To keep up in a fast-paced industry, restaurants might consider adding a new role, commonly called “profitability strategist,” to the management team. explained Mr. Castillo.

Waste 78

Waste Cash Management Point of Sale Inventory 78

Sling

APRIL 19, 2021

As a small business owner or manager, you need to speak the language of your industry. Combining the two words creates a term that means: The amount by which revenue from sales exceeds costs. This is a common question many owners and managers ask in regard to accounting for their business. What Is Profit Margin? Profit Margin.

Small Business 145

Small Business Cash Management Customer Service Inventory 145

Modern Restaurant Management

MARCH 16, 2021

On-the-Fly Menu Management. Guests still need to speak directly with a server to place an order, and payment still takes place via cash, card and printed receipts. As restaurant commerce experts, GoTab is helping operators upgrade and improve their POS systems to recast their operations for the post-pandemic era.

POS 106

POS Mobile Ordering Online Ordering Cash Management 106

Modern Restaurant Management

DECEMBER 21, 2020

Modern Restaurant Management (MRM) magazine asked restaurant industry insiders for their perspection on 2020: What lessons did you learn and what do you feel the restaurant industry learned this year? Here are their responses. Click here for part two. Anita Adams, CEO of Black Bear Diner. Dennis Becker, CEO, Mobivity.

2020 135

2020 Online Ordering Point of Sale Cash Management 135

Modern Restaurant Management

JULY 20, 2021

Falling outlets, rising sales. But sales have bounced back well over the first six months of 2021, and are now running ahead of 2019 levels. But it’s worth remembering that while some people have cash in their pockets and want to treat themselves, many have been hit financially by COVID-19 and will be more cautious.

2021 185

2021 Guest Recovery Online Ordering Point of Sale 185

Modern Restaurant Management

FEBRUARY 4, 2020

PPX Hospitality Launches. is launching a new hospitality group with a strong Boston presence as they continue to invest in the city. ” PPX Hospitality Brands will be led by Michael Feighery, CEO & President of Smith & Wollensky Restaurant Group, who has worked with the international steakhouse brand for 35 years now.

Online Ordering 108

Online Ordering Hospitality Leadership Design 108

The Restaurant Times

JANUARY 31, 2022

Investing in skilled restaurant consulting during the start-up phase of your restaurant or food & beverage enterprise will help you reach the break-even point faster. Yes, you can enrol in restaurant management classes or attend culinary school. 5 Things To Consider Before Going For Restaurant Consulting. Experience .

Cash Management 52

Cash Management Kitchen Safety Point of Sale Hiring 52

The Restaurant Times

NOVEMBER 15, 2021

You work hard to train your bar staff, keep your customers happy, maintain positive distributor relationships, stay on top of your bar’s sales and inventory data, keep your establishment clean, bring in business, and reinforce the big picture of your bar, whether you’re a bar manager, beverage director, or general manager. .

Training 52

Training Bar Dietary Restrictions Point of Sale 52

Open for Business

OCTOBER 20, 2023

Craft a comprehensive financial blueprint to manage your restaurant’s expenses. Whether you’re leaning towards digital accounting solutions or considering the expertise of a financial advisor, staying clued in on your cash flow—both outgoing and incoming—is pivotal for your restaurant’s triumph.

License 78

License Email Marketing Seasonal Menu Front of House 78